Press Releases

Start of Raiffeisen International share buy-back programme.

Between August 30, 2005 and September 8, 2006 Raiffeisen InternationalBank-Holding AG (Raiffeisen International)will buy back up to 216,550 ofits own shares. This represents up to 0.15 per cent of the company’s
share capital. The share buy-back will be used for a share incentive
programme for top management of Raiffeisen International and affiliated
companies.